EURCAD possible breakout trade opportunity Short

Euro Fx/Canadian DollarFXCM

Description

⋅ Oct 30, 2017 5:45 PM

Is this an opportunity to short EURCAD? Set your stop loss high, then even if the trend goes bullish, there is a reasonable probability that the price will still gravitate towards the lower bull trend line for a no loss exit a delayed profit.

Trend Analysis

Comments

Arthur_Anderson

⋅ Nov 11, 2017 5:24 AM

This trade, really confined to the channel. Entry level should have been considered with the stop level. Good one, keep posting your trades.

deonjoubert

⋅ Nov 11, 2017 6:59 AM

@Arthur_Anderson, I got it right though?